Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Chinese firm, RDB sign deal to establish electric car assembly plant in Rwanda
Rwanda Development Board (RDB) has signed a Strategic Investment Agreement with Ecofleet Solutions Ltd and Chery Holding Rwanda Ltd to establish an electric vehicle assembly plant in the country. Chery Holding, established in 1997, is a Chinese…
I drove the fabulous new BMW i3 and it's almost fixed my dilemma with electric cars
The iconic BMW 3 Series is getting one of its biggest shake-ups in years. Not only has it adopted the brand's latest Neue Klasse design language, but it's also gone fully electric for the very first time. Meet the all-new BMW i3. And no, this isn't…
EVs 'aren't classic cars of the future' warns Wheeler Dealers star Mike Brewer
Mike Brewer doesn't believe EVs are the classic cars of the future Electric vehicles are not the classic cars of the future, with battery models not having the “emotional pull” of historic models, according to Wheeler Dealers TV star…
South Korea's Kia posts 24% rise in third-quarter operating profit
Oct. 30 (Asia Today) -- South Korean automaker Kia reported a 24.3% increase in third-quarter operating profit Friday as stronger global vehicle sales, reduced U.S. automotive tariff burdens and growing demand for hybrid and electric vehicles…
Over 200 buses set for assembly in Rwanda under Chery deal
Rwanda's efforts to expand electric mobility in public transport are set to receive a boost following a strategic investment agreement involving Chinese automotive company Chery Holding Rwanda Ltd and local firm Ecofleet Solutions Ltd. Under the…
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The U.S. government lost about $12 billion on Friday as Intel's stock fell 29 percent, its worst day since 1974. Last year, the Trump administration took a 10 percent stake in the chipmaker. Even after the sell-off, the trade remains profitable for…
EKA Mobility plans ₹1,000-crore R&D investment, targets 40,000-unit capacity utilisation by 2030
Electric commercial vehicle maker EKA Mobility plans to invest ₹1,000 crore in research and development (R&D) over the next four to five years as it steps up manufacturing capacity and seeks to expand its domestic and overseas footprint…
Betting on Archer Aviation or Joby Aviation Being the Tesla of eVTOLs? They Could End Up More Like Lucid.
Archer Aviation (ACHR -4.11%) and Joby Aviation (JOBY -3.54%) are the highest-profile players in the U.S. electric vertical take-off and landing (eVTOL) market. Each company's future in the commercial eVTOL space hinges on scaling production and…
How will the US midterms affect Australian markets?
Donald Trump's fight to retain control of Congress in the 3 November US midterms will carry direct consequences for Australian markets, whatever the outcome. Democrats must flip four seats in both the House of Representatives and Senate to overturn…
Joseph Kabila: Former president becomes DR Congo's latest rebel leader
Joseph Kabila was a commander in the rebel alliance that brought his father to power in the Democratic Republic of Congo in 1997, went on to succeed him as president and now, at the age of 55, he is a rebel leader once again. In an even stranger…
South Korean battery firms plan 720,000-ton supply agreement
Oct. 30 (Asia Today) -- South Korean battery materials producer POSCO Future M said Friday it had signed a preliminary agreement with LG Energy Solution to supply a combined 720,000 metric tons of battery materials over seven years, expanding their…
Andy Burnham October change leaves drivers with 7p per mile costs
Andy Burnham has made a change from October - with households who have driveways and EVs set to benefit. Labour Party Prime Minister Mr Burnham has cut VAT rates on domestic electricity from 5% to 0%. According to analysis from costpermile.co.uk…
EVs boom, but Andhra Pradesh's charging network remains patchy
Travelling with his family to Tirupati to seek divine blessings in his new e-car, 34-year-old Raju Vegesna was gripped by panic rather than peace. Sweating profusely, the family was terrified to turn on the air conditioning, fearing the vehicle's…
India's Gold and Silver ETFs Drew 39% More Than Equity Fund Schemes
Gold and silver exchange-traded funds in India attracted ₹33,503.36 crore in January, about 39% more than open-ended growth/equity-oriented schemes, according to the Association of Mutual Funds in India (AMFI). AMFI recorded…
Canada is taking steps toward becoming European Union's first associate member
MONTREAL (AP) — Canadian Prime Minister Mark Carney said Friday he expects to conclude negotiations with the European Union in June on an unprecedented partnership that would make Canada the bloc's first 'associate member,' even though the…
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